MicroBase Technology Corp.
MicroBase Technology Corp. engages in the research, design, manufacture, and sale of components and products of micro-atomization and micro-needles for medical, cosmetic and electronic applications in Taiwan. The company develops non-silicon-based micro-electro-mechanical systems. It offers industrial inkjet head; soft mist inhaler, for the treatment of chronic obstructive pulmonary disease, lowe… Read more
MicroBase Technology Corp. (3184) - Net Assets
Latest net assets as of June 2025: NT$648.14 Million TWD
Based on the latest financial reports, MicroBase Technology Corp. (3184) has net assets worth NT$648.14 Million TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$788.72 Million) and total liabilities (NT$140.58 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$648.14 Million |
| % of Total Assets | 82.18% |
| Annual Growth Rate | 3.4% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.22 |
MicroBase Technology Corp. - Net Assets Trend (2020–2024)
This chart illustrates how MicroBase Technology Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MicroBase Technology Corp. (2020–2024)
The table below shows the annual net assets of MicroBase Technology Corp. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$627.69 Million | +12.60% |
| 2023-12-31 | NT$557.44 Million | +7.42% |
| 2022-12-31 | NT$518.95 Million | +1.41% |
| 2021-12-31 | NT$511.76 Million | -6.80% |
| 2020-12-31 | NT$549.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MicroBase Technology Corp.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 25778600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$802.75 Million | 127.89% |
| Other Comprehensive Income | NT$-3.71 Million | -0.59% |
| Other Components | NT$658.00K | 0.10% |
| Total Equity | NT$627.69 Million | 100.00% |
MicroBase Technology Corp. Competitors by Market Cap
The table below lists competitors of MicroBase Technology Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pinnacle Bancshares Inc
PINK:PCLB
|
$10.76 Million |
|
Berkah Prima Perkasa Tbk PT
JK:BLUE
|
$10.77 Million |
|
Cell Source Inc
OTCQB:CLCS
|
$10.77 Million |
|
SERGEFERRARI GROUP EO-40
F:SFK
|
$10.77 Million |
|
Procorp S.A.B. de C.V
MX:PROCORPB
|
$10.76 Million |
|
GIBO Holdings Limited
NASDAQ:GIBOW
|
$10.76 Million |
|
Futuretech II Acquisition Corp
NASDAQ:FTII
|
$10.76 Million |
|
Desert Gold Ventures Inc
OTCQB:DAUGF
|
$10.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MicroBase Technology Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 557,440,000 to 627,692,000, a change of 70,252,000 (12.6%).
- Net income of 69,436,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 30,001,001.
- Other factors decreased equity by 29,185,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$69.44 Million | +11.06% |
| Other Comprehensive Income | NT$30.00 Million | +4.78% |
| Other Changes | NT$-29.19 Million | -4.65% |
| Total Change | NT$- | 12.60% |
Book Value vs Market Value Analysis
This analysis compares MicroBase Technology Corp.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.77x to 1.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$7.07 | NT$12.50 | x |
| 2021-12-31 | NT$6.38 | NT$12.50 | x |
| 2022-12-31 | NT$6.46 | NT$12.50 | x |
| 2023-12-31 | NT$6.94 | NT$12.50 | x |
| 2024-12-31 | NT$7.82 | NT$12.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MicroBase Technology Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.06%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.33%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.17x
- Recent ROE (11.06%) is above the historical average (-0.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -13.47% | -29.60% | 0.34x | 1.34x | NT$-128.87 Million |
| 2021 | -7.30% | -17.55% | 0.33x | 1.27x | NT$-88.53 Million |
| 2022 | 1.22% | 3.49% | 0.28x | 1.26x | NT$-45.54 Million |
| 2023 | 6.84% | 19.57% | 0.31x | 1.12x | NT$-17.64 Million |
| 2024 | 11.06% | 32.33% | 0.29x | 1.17x | NT$6.67 Million |
Industry Comparison
This section compares MicroBase Technology Corp.'s net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $187,867,240,100
- Average return on equity (ROE) among peers: 6.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MicroBase Technology Corp. (3184) | NT$648.14 Million | -13.47% | 0.22x | $10.76 Million |
| Syncmold Enterprise Corp (1582) | $4.29 Billion | 16.99% | 0.69x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.39 Billion | 0.00% | 0.90x | $1.40 Billion |
| Delta Electronics Inc (2308) | $325.39 Billion | 20.88% | 0.97x | $80.57 Billion |
| Compeq Manufacturing Co Ltd (2313) | $14.23 Billion | 2.16% | 1.01x | $6.72 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $76.45 Billion |
| Pan-International Industrial Corp (2328) | $18.48 Billion | 5.79% | 0.37x | $561.22 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $460.73 Million |
| Solomon Technology Corp (2359) | $5.33 Billion | 8.60% | 0.59x | $417.90 Million |
| Unitech Printed Circuit Board Corp (2367) | $8.30 Billion | -8.42% | 1.39x | $1.40 Billion |
| Gold Circuit Electronics Ltd (2368) | $7.17 Billion | 1.81% | 1.92x | $8.82 Billion |